EURAUD Wave Analysis – ActionForex

EURAUD: ⬆️ Buy EURAUD reversed from multi-month support level 1.6130 Likely to rise to resistance level 1.6385 EURAUD currency pair recently reversed up from the strong multi-month support level 1.6130…

China allows fresh urea exports amid Iran war-fuelled fertiliser crisis, sources say

China allows fresh urea exports amid Iran war-fuelled fertiliser crisis, sources say Source link

XAU/USD: Gold Remains at the Back Foot on Fragile Geopolitical Situation

Gold holds in red for the second consecutive day on Wednesday and pressure the floor of seven-day range ($4453), also moving into lower part of short-term bear-channel (off $4889, mid-Apr…

USD/JPY Rises Again: Dollar Strong, Inflation Risks High

USD/JPY rose to 159.19, with the yen remaining near its one-month lows following comments from Bank of Japan Governor Kazuo Ueda. The regulator warned of rising inflation risks but did…

Morning Bid: Out of the blue chips

Morning Bid: Out of the blue chips Source link

Japanese Yen: Yield focus and BoJ risks – MUFG

MUFG’s Derek Halpenny notes USD/JPY is broadly stable as Japanese Government Bond demand improves and crude Oil declines support lower JGB yields. He highlights stronger super-long JGB auction metrics and…

Indian Rupee ticks up while US-Iran deal and Hormuz uncertainty persists

The Indian Rupee (INR) trades marginally higher against the US Dollar (USD) in the opening session on Wednesday. The USD/INR pair ticks lower to near 95.70 as oil prices fail…

Iran war splits global markets into clear winners and losers

Iran war splits global markets into clear winners and losers Source link

EUR/USD Targets More Upside As USD/CHF Turns Higher Again

EUR/USD started a downside correction from 1.1650. USD/CHF is rising and might aim for a move toward 0.7880 or 0.7900. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro…

Gold: De-escalation seen lifting prices into year-end – Commerzbank

Commerzbank analyst Norman Liebke notes that Gold and Silver have dropped as renewed US strikes in the Gulf reinforced the inverse link with Oil. Higher energy prices raise inflation and…